Greece RMBS Still Struggling To Trade

27 Sep 2010

Greece’s residential mortgage-backed securities market is still trading wider than any other in Europe, months after the sovereign debt crisis hit the region and nearly sank its economy.

-- Daniel O’Leary

Greece’s residential mortgage-backed securities market is still trading wider than any other in Europe, months after the sovereign debt crisis hit the region and nearly sank its economy. Average spreads on five-year AAA Greek RMBS are trading at 900 basis points plus LIBOR and have remained ...

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